Sonalika Tractors records 55% growth in domestic volume

Sonalika Tractors

Chennai: Sonalika Tractors said it has outpaced industry by 2.4 times and with a new record of ever highest domestic sales of 13,691, registering 55 per cent growth against industry growth of 23 per cent and overall sales of 15,200 tractors and 15.4 per cent market share in June.

Speaking on the performance, Raman Mittal, executive director, Sonalika Group, said, “Beginning of Q1 this year when the first ever lockdown was announced we as a company had decided to put all our energies with positive effort to try not to de-grow in Q1. Today, the entire team is feeling proud that we have not just achieved our goal but also have registered an overall growth of five per son in Q1 which is highest for the industry. It is a matter of great pride for us that not only in tractor industry but also in automotive, two wheeler and CV industry, Sonalika is the only company to register maximum growth in these tough times.”

 

NT Bureau